As the economic effects of the COVID pandemic spread across the world in March and April, the air was filled with promises that poorer countries would be assisted with aid and debt relief to deal with a crisis that threatened to plunge millions, above all children, into the most abject poverty.
In April, International Monetary Fund Managing Director Kristalina Georgieva announced immediate relief on IMF debt owed by 25 countries. She said the move would help our poorest and most vulnerable members to channel scarce resource toward emergency medical and related measures.
In March, the United Nations had issued a call for the G20 to organise a $2.5 trillion relief package to deal with the pandemic.
Six months later, these pronouncements r…
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